Online Tool Store
Inheritance Share Calculator
Divide an estate into proportional shares across named beneficiaries, handling fixed bequests, percentages, and the remainder split.
🔒 This tool runs entirely in your browser. Your files are never uploaded to a server.
Finance
Inheritance Share Calculator
Frontend preview — no upload or external service.
Share breakdown
Estate 850,000 less 35,000 in fixed bequests leaves 815,000 residue: split equally between 3 heirs, each receives 271,666.67.
How the Inheritance Share Calculator works
- Enter the estate value after debts, taxes, and costs — not the gross figure.
- List fixed cash bequests first, since they are paid before any percentage share.
- Split the remaining residue and check the totals reconcile to the estate value.
The method
Fixed bequests are settled first and the residue is what remains; percentage shares apply to that residue, not to the original estate.
residue = net estate - fixed bequests; each share = residue x share %
On an 850,000 net estate with 35,000 in bequests, a one-third residuary share is 271,666.67, not 283,333.
FAQ
Is this legal advice?
No. It is arithmetic for planning conversations. Succession law varies enormously by jurisdiction, and forced-heirship rules in many countries override what a will says.
Should tax be deducted before or after bequests?
Generally the estate settles debts, costs, and taxes first, and the residue is what beneficiaries divide — but the order and who bears the tax differ by jurisdiction and by how the will is drafted.
What happens if a beneficiary dies first?
That depends on the will's wording and local law: the gift may lapse into the residue or pass to that person's children. It is a drafting question, not a calculation one.
How we compare
| Feature | Online Tool Store | A spreadsheet | An advisor consultation |
|---|---|---|---|
| Fixed bequests before residue | ✓ | Manual | Yes |
| Reconciles to the estate total | ✓ | Formula needed | ✓ |
| Nothing entered is stored | ✓ | ✓ | ✗ |
| Legal advice | ✗ | ✗ | ✓ |
Inheritance Share Calculator handles the arithmetic of residue and bequests; the law that decides whether those shares are permitted is a matter for a professional.